Economy Minister Bruno Le Maire said on Monday that he wanted to “withdraw, from the 2024 finance bill, a certain amount of tax breaks on fossil fuels,” during a roundtable dedicated to green industry organized by the renaissance party.
“About public money, I think it is essential to have consistency (…) This means that we cannot invest in green and continue to favor brown. It means doing what is most difficult in politics, making decisions. And when you make decisions, you don’t you satisfy everyone,” said the mayor.
“For everyone who is concerned – it can be truckers, construction companies, public works – it means that the sites are no longer profitable, that the companies can lose money. So you have to see how to accompany them”, he developed.
Support for carriers
“And that is where the notion of trajectory, duration and support is absolutely key. Brutality does not work. You cannot say overnight: I withdraw that aid. Multi-annuality is needed. Accompaniment, for example, how are we going to help “. you, you carriers, to invest in less polluting vehicles, with electric motors,” she added.
Bruno Le Maire also reaffirmed the executive’s opposition to a “green ISF”, suggested in a recent report by economists Jean Pisani-Ferry and Selma Mahfouz.
“Without contempt on our part, we are looking at all the options, including the green ISF, we have looked at that very carefully, but we consider, with the President of the Republic and the Prime Minister, that this option of increasing taxation is not the best in a country that has the highest tax level of any OECD country,” insisted Mr Le Maire.
He also ruled in favor of an “opposable nature of State aid” for investments in favor of decarbonization: “and God knows that I am not in favor of the conditionality of this public aid.”
Source: BFM TV
